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Nelnet (NNI) Cost of Revenue (2017 - 2025)

Historic Cost of Revenue for Nelnet (NNI) over the last 12 years, with Q3 2025 value amounting to $60.0 million.

  • Nelnet's Cost of Revenue fell 1700.65% to $60.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $242.0 million, marking a year-over-year decrease of 179.17%. This contributed to the annual value of $252.3 million for FY2024, which is 1481.9% up from last year.
  • As of Q3 2025, Nelnet's Cost of Revenue stood at $60.0 million, which was down 1700.65% from $55.7 million recorded in Q2 2025.
  • Nelnet's Cost of Revenue's 5-year high stood at $72.3 million during Q3 2024, with a 5-year trough of $21.7 million in Q2 2021.
  • Over the past 5 years, Nelnet's median Cost of Revenue value was $51.5 million (recorded in 2023), while the average stood at $48.5 million.
  • As far as peak fluctuations go, Nelnet's Cost of Revenue skyrocketed by 8649.86% in 2022, and later plummeted by 1700.65% in 2025.
  • Nelnet's Cost of Revenue (Quarter) stood at $28.6 million in 2021, then surged by 86.5% to $53.3 million in 2022, then increased by 17.66% to $62.8 million in 2023, then grew by 9.5% to $68.7 million in 2024, then dropped by 12.69% to $60.0 million in 2025.
  • Its Cost of Revenue was $60.0 million in Q3 2025, compared to $55.7 million in Q2 2025 and $57.5 million in Q1 2025.